UK house prices rise for first time since start of Iran war

Typical property cost 299,330 in June, 0.2% more than the month before, says Lloyds

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House prices across the UK have risen for the first time since before the onset of the Iran war, leaving property values narrowly below those at the start of the year, according to a survey.

The typical property cost 299,330 in June, a 0.2% increase on the month before. This came after a monthly drop of 0.2% in May, according to the latest Lloyds house price index, previously known as the Halifax HPI. The annual growth rate edged higher to 0.6% from 0.5%.